Mitt is back...

An he might be the only one tlaking right now that has any idea what he's talking about. His article today in the New York Times shows why he should have been our next President, especially given this economic "catastrophe." Mitt knows that writing a check to the Big Three auto makers will not solve the long-term problem, but perpetuate bad business and keep the companies wallowing in the same financial problems that got them where they are. (I want to use a metaphor involving cosmetics and swine, but I'm affraid of where that might lead...)

Romney knows that leaving governemtn out completely is not the answer; he advocates for a "partnership" with the auto companies to work out a "managed bankruptcy" which will help really restructure the companies. Without bankruptcy, the companies will still have all of their over-loaded contracts, wages, pensions, and real estate holdings that are bogging down their budget sheets. Mitt has the forsight to know that if we just write a check to the companies, even if the governemtn is involved in the restruturing, then the bottom-line costs will stay the same and it won't be long before they are back begging for more. History has already told us that.

Of course Nancy Pelosi, Harry Reid, and Barney Frank think they know what they are talking about. And big surprise, they want to throw money at the problem. Sure, house and Senate Dems will attach strings and talk a lot about "green technology," but the bottom line is that they don't want to loose favor with their biggest contributors - the unions.